Ayla Networks Selected by Universal Electronics to Help Develop New Platform to Transform the Smart Home Experience
Summary
The relationship, which will officially launch at CES 2019 in Las Vegas, will allow UEI to further solidify its footprint in the rapidly growing IoT space by expanding its portfolio of home sensing, monitoring, and control solutions to include industry-leading device management and application enablement capabilities from Ayla Networks.Together the two companies will accelerate the transformation of the smart home market, bringing core technology and end-to-end applications to enable quick time-to-value and an elevated customer experience.Available as kits that address specific channel needs, Nevo Butler can be bundled with a range of certified devices including Ecolink ® sensors, offering safety and security, energy management and hospitality applications, in addition to voice-enabled universal entertainment control.Ayla Networks and UEI will participate at CES 2019 in Las Vegas from January 8-11 and will jointly showcase the combined solution with presentations and demos.These forward-looking statements involve a number of risks and uncertainties, including the timely development, delivery and market acceptance of UEI’s Nevo Butler product and associated service offerings and technologies identified in this release; the continued penetration and growth of the digital assistant products and consumer technologies identified in this release; and other factors described in the Company’s filings with the Securities and Exchange Commission.The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties.The Company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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